248 Mountain Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed by William Raveis Real Estate | $399,000 | |
| Listed by William Raveis Real Estate | |||
| Aug 29, 2025 | Price Decreased |
$420,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jul 15, 2025 | Listed | $435,000 | |
| Listed | |||
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Step inside to discover a bright, open layout featuring gleaming hardwood floors, a cozy fireplace, and a cheerful sunroom-ideal for unwinding or working from home. The updated eat-in kitchen, complete with brand-new stainless steel appliances (2023), flows seamlessly into the adjoining dining area, perfect for everyday meals or entertaining. The primary bedroom includes a private en-suite bath with a walk-in shower for added comfort. Downstairs, the partially finished lower level provides flexible bonus space-great for a guest room, playroom, or home office. Recent major upgrades ensure peace of mind, including a new roof (2024), updated boiler and hot water heater, and a newer washer and dryer (2023). Set back from the road for added privacy, this home offers walkable access to local schools and quick highway access for easy commuting. With its timeless character, thoughtful updates, and move-in-ready appeal, this is a home you don't want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017